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FYI Holabird Investments is basically in the process of collapsing. Their sister company is Progressive Properties. They used to own over 100 properties but many, many of their properties have been foreclosed on over the past 120 days. They are tossing the keys to their lenders left and right.

I confess I know nothing about this company, but Jack BeVier’s comment indicates that the company is failing– and you say “shame on them”? Please clarify: is the shame the fact that they are failing as a business, or the fact that they tried to make money off real estate in the first place?

Your post indicates that you think their being in the process of collapsing might be the actual cause of “why they’ve left so many of their properties to rot”. If I’m to take you literally, then you’re actually saying that despite collapsing as a business, they still should not let their properties “rot”, because that is shameful. But you didn’t explain where they’re supposed to get the money to take care of their properties, as they’re in the process of collapsing.